Centro Square, a new apartment community in Charlotte’s Wilmore neighborhood, traded this week for $48.5 million. Local commercial real estate firm Collett Capital purchased the property at 222 West Blvd. from Charlotte-based Ascent Real Estate Capital. Newmark arranged the sale, which closed on Oct. 24, according to Jason Kon, the firm’s senior managing director. Ascent, alongside […]

Investors, including longtime Wilmington firms, bought a Military Cutoff Road shopping center this week for $30.75 million. CC Landfall LLC, consisting of a partnership between Cameron Management, Trask Land Co., SHP Acquisitions and Charlotte-based Collett Capital, purchased Landfall Center from a Kenan family trust, according to a news release. The Food Lion-anchored shopping center at 1319 Military Cutoff […]

MPV Properties said this week that it has leased nearly 14,000 square feet of space to two new tenants at Terrace Medical Plaza in Pineville. Newport Academy, which provides evidence-based healing centers for adolescents, young adults and families struggling with mental health issues, will occupy a 12,078-square-foot space in the Class A retail and medical […]

A real estate private equity firm based in Charlotte is partnering with a longtime residential real estate executive to launch a new business line. Collett Capital and Creighton Call, formerly of Crescent Communities and Davidson Homes, have teamed up to launch Canvas Residential. The platform will focus on the development of build-to-rent communities throughout the Southeast. […]

PINEVILLE – MPV Properties and Collett Capital announced the newest tenants at the Terraces Medical Plaza in Pineville. Newport Academy provides evidence-based healing centers for adolescents, young adults and families struggling with mental health issues. The academy will occupy 12,078 square feet adjacent to CoreLife  Novant Health and OrthoCarolina. Additionally, Rico’s Açaí will be moving […]

GAINESVILLE, GA. — Bridge33 Capital has sold Westbrook Plaza, a 49,364-square-foot retail center in the Atlanta suburb of Gainesville. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL represented the seller in the transaction. Charlotte-based Collett Capital purchased the property for $8.7 million. Constructed in 2006 and anchored by Best Buy, Westbrook Plaza was fully […]

Mt. Pleasant, SC (December 9, 2021) The ownership of The Shelmore, an adaptive reuse of a former grocery store in the heart of Mt. Pleasant, today announced it has executed three new office leases in recent weeks. This latest round of leasing increases the overall occupancy of the 50,000 square foot office development to over […]

A well-known Apex shopping center has been sold to a Florida real estate investment trust. Beaver Creek Crossing, which was built in 2005 and sits on more than 51 acres, sold for $70.5 million, according to Wake County property records. An LLC affiliated with Charlotte’s Collett Capital sold it to CTO21 Apex LLC, an affiliate […]

MOUNT PLEASANT — The screens at Regal Cinebarre are now dark after a Charlotte-based company that owns several commercial properties in the Charleston area bought the movie theater in one of the town’s designated redevelopment centers. Collett Capital, with Charleston-based partner Buxton Development Group, paid $14.25 million for the 7-acre theater property on Houston Northcutt […]

A South End boutique apartment development that houses a “micro” retail component has been rebranded to The Winnifred. Charlotte-based Collett Capital acquired the nearly 0.74-acre property — known then as Centro Railyard — for $30.2 million in January, according to Mecklenburg County real estate records. Collett Capital worked with equity partner Spaulding & Slye Investment, a subsidiary […]

MOUNT PLEASANT — Where shoppers once grabbed a gallon of milk, selected a choice cut of meat or picked up fresh vegetables, office workers soon will handle business deals, meet clients virtually or in person or enjoy some fresh air on an outside patio. A former Bi-Lo supermarket on Shelmore Boulevard has been reworked into […]

A boutique apartment development with ground-floor retail space in red-hot South End has been sold. Centro Railyard, which includes 91 apartments and 12,991 square feet of retail, was acquired by Collett Capital and equity partner Spaulding & Slye Investments for $30.2 million, according to Mecklenburg County real estate records. The firms purchased Centro Railyard from […]

Charleston, S.C. – Frampton Construction Company, LLC, a regional full-service construction firm providing planning and design support, preconstruction, and construction services, is underway on demolition and construction at the site of The Shelmore, a Class-A mixed-use property located at 774 South Shelmore Blvd. in Mount Pleasant, S.C. The adaptive reuse project involves the redevelopment of […]

The Shelmore adaptive reuse at 774 Shelmore Blvd. in Mount Pleasant will offer almost 50,000 square feet of creative office space and feature an expansive lobby with a two-story jewel box entry, a comprehensive building amenity package, abundant green space and activated open outdoor gathering areas.

Collett Capital and Long Warf Capital purchased the 321,000-square-foot retail asset. HFF arranged acquisition financing on behalf of the borrower, which plans to upgrade the property. Collett Capital and Long Warf Capital have partnered again to the purchase Beaver Creek Crossing, a 321,000-square-foot power center in Apex, N.C. According to Wake County records, the joint […]

CHARLOTTE, NC – HFF announces that it has arranged $37.5 million in acquisition and renovation financing for Beaver Creek Crossing, a 320,629-square-foot retail power center in the Raleigh-area community of Apex, North Carolina. HFF worked on behalf of the borrower, a partnership between Collett Capital and Long Warf Capital, to place the five-year, floating-rate loan with […]

Apex, NC — Collett Capital has acquired Beaver Creek Crossings, a 320,629-square-foot power center anchored by Regal Beaver Creek 12, Dick’s, Five Below, and TJ Maxx.  David Webb, Will Walton and Laura Hensler of Berkeley Capital Advisors represented the seller.

ORLANDO, FL – November 20, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $26.156 million sale of and $18.915 million acquisition financing for International Drive Value Center, a 186,000-square-foot power center in Orlando, Florida. The HFF team marketed the property on behalf of the seller, Retail Value Inc. (RVI).  A partnership between Collett Capital […]

OrthoCarolina, a Charlotte-based orthopedic practice, will have some new digs in Pineville come 2019. The practice is moving its location on Park Road to a new, 20,000-square-foot space in the former Terraces at Park Place shopping center, previously anchored by Bi-Lo, at the corner of Pineville-Matthews Road and Interstate 485.

Charlotte, NC — Collett Capital has acquired Terraces at Park Place, an 81,440-square-foot shopping center located at I-485 and Pineville- Matthews Road near Carolina Place Mall in Pineville, NC.  Alex Quarrier, Rob Carter, David Webb and Rad von Werssowetz of Berkeley Capital Advisors arranged the transaction on behalf of the seller. Collett Capital plans to […]

ATLANTA, GA – April 30, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Cherokee Commons, a 103,711-square-foot, Kroger-anchored shopping center in the Atlanta suburb of Acworth, Georgia. The HFF team marketed the property on behalf of the seller, PMAT Companies.  Collett Capital purchased the asset free and clear of existing debt. The 89-percent-leased […]

By Rhett Morgan Tulsa World Posted: Friday, January 27, 2017   WinCo Foods’ decision to locate a new store in Tulsa is part of an expansion of its footprint in Oklahoma and north Texas. “Clearly, there’s a need for WinCo Foods in Tulsa because we offer incredibly low prices and a really good shopping experience,” […]